ALPHA FINANCE LAB - ALPHA/USD

- USD (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	ALPHAUSD
ISIN:

ALPHA FINANCE LAB - ALPHA/USD - Daily - Technical analysis published on 07/26/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

61%

11%

28%

My opinion

Bullish above 0.097570 USD

My targets

0.117347 USD (+6.87%)

0.127900 USD (+16.48%)

My analysis

The current short-term bullish acceleration on ALPHA FINANCE LAB - ALPHA/USD should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 0.097570 USD. Short-term buyers will use the resistance located at 0.117347 USD as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 0.127900 USD. Crossing this resistance would then open the door for buyers to target 0.137867 USD. Caution, if there is a return to under 0.097570 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

3.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ALPHA FINANCE LAB - ALPHA/USD rating is 0.109800 USD. The price has increased by +8.93% since the last closing and was traded between 0.100800 USD and 0.110000 USD over the period. The price is currently at +8.93% from its lowest and -0.18% from its highest.

0.100800

0.110000

0.109800

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of ALPHA FINANCE LAB - ALPHA/USD in Daily shows a neutral overall trend. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

In fact, 11 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.076630	0.088810	0.097570	0.109800	0.110350	0.127900	0.137867
Change (%)	-30.21%	-19.12%	-11.14%	-	+0.50%	+16.48%	+25.56%
Change	-0.033170	-0.020990	-0.012230	-	+0.000550	+0.018100	+0.028067
Level	Minor	Minor	Major	-	Intermediate	Minor	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.097733	0.098347	0.099573	0.100187	0.101413	0.102027	0.103253
Camarilla	0.100294	0.100463	0.100631	0.100800	0.100969	0.101137	0.101306
Woodie	0.098040	0.098500	0.099880	0.100340	0.101720	0.102180	0.103560
Fibonacci	0.098347	0.099050	0.099484	0.100187	0.100890	0.101324	0.102027

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.089567	0.095433	0.098667	0.104533	0.107767	0.113633	0.116867
Camarilla	0.099398	0.100232	0.101066	0.101900	0.102734	0.103568	0.104403
Woodie	0.088250	0.094775	0.097350	0.103875	0.106450	0.112975	0.115550
Fibonacci	0.095433	0.098910	0.101057	0.104533	0.108010	0.110157	0.113633

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.014133	0.052087	0.079393	0.117347	0.144653	0.182607	0.209913
Camarilla	0.088754	0.094736	0.100718	0.106700	0.112682	0.118664	0.124647
Woodie	0.008810	0.049425	0.074070	0.114685	0.139330	0.179945	0.204590
Fibonacci	0.052087	0.077016	0.092417	0.117347	0.142276	0.157677	0.182607

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	54.62
MACD (12,26,9):	-0.0007
Directional Movement:	11.960654
AROON (14):	7.142857
DEMA (21):	0.103730
Parabolic SAR (0,02-0,02-0,2):	0.115806
Elder Ray (13):	0.000723
Super Trend (3,10):	0.116462
Zig ZAG (10):	0.109800
VORTEX (21):	0.9740
Stochastique (14,3,5):	43.15
TEMA (21):	0.104409
Williams %R (14):	-16.07
Chande Momentum Oscillator (20):	0.006100
Repulse (5,40,3):	9.4814
ROCnROLL:	1
TRIX (15,9):	-0.1727
Courbe Coppock:	6.54

MA7:	0.105043
MA20:	0.103276
MA50:	0.108072
MA100:	0.109931
MAexp7:	0.104880
MAexp20:	0.104935
MAexp50:	0.106964
MAexp100:	0.108439
Price / MA7:	+4.53%
Price / MA20:	+6.32%
Price / MA50:	+1.60%
Price / MA100:	-0.12%
Price / MAexp7:	+4.69%
Price / MAexp20:	+4.64%
Price / MAexp50:	+2.65%
Price / MAexp100:	+1.26%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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